middle income trap

名词 n.

英文释义

名词 n.
  1. The situation where a country that attains a certain income gets stuck at that level, being unable to compete with other more developed economies in the high-value-added market.
    — Thailand and Malaysia are hemmed in by the so-called "middle-income trap", which suggests that while countries can move up from the ranks of the very poor, moving further forward is more complex, as competitiveness falls off and costs for investors increase.

词形变化

middle income traps plural middle-income trap alternative

词源

Coined by Indian economist Indermit Gill and economist Homi Kharas in 2007 in their book An East Asian Renaissance: Ideas for Economic Growth.
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